Demonstrating Control Over Risk (Transfer Pricing)
By Taxperience on July 2024
The OECD's February 2020 publication with Transfer Pricing Guidance on Financial Transactions has equipped tax authorities with enhanced tools to scrutinize taxpayers' transfer pricing policies, which are increasingly being utilized in practice.
Work-related personal mobility – Data collection start
By Taxperience on July 2024
Following the various media statements from the Dutch government, you have probably noticed that the data collection obligation for work-related employee mobility has started as of July 1, 2024. This obligation applies to employers with more than 100 employees.
Results of the evaluation of the 30% ruling – and what’s next?
By Taxperience on June 2024
At the end of 2023, the House of Representatives adopted two significant changes regarding the 30% ruling. It was decided that new users of the scheme would no longer be able to receive up to 30% of their salary tax-free for a maximum of 60 months. Instead, the scheme will be phased o …
OECD requested to look for solutions for taxation of telework (remote work)
By Taxperience on June 2024
During the Belgian presidency of the European Union an EU task force was established to discuss taxation of telework (remote work).
Supreme Court issues important decisions related to box 3 taxation
By Taxperience on June 2024
Currently, the income subject to Dutch personal income tax in box 3 is calculated by determining a deemed income. The basis for this calculation is the value of bank deposits, other assets (such as stocks and real estate), and debts on January 1 of the year. Each of the three categori …
Note: consider the repayment holiday option for your (family) mortgage
By Taxperience on May 2024
In case a donation, in the form of the so-called “jubelton” (a tax-free donation of about €100,000 made before 2024 from parents to their child(ren) for purchasing their own home), or in the form of the one-off increased tax-free donation of €31,813 (2024), was made, we would like to …
Farewell bonus does not qualify as cost of sales participation
By Taxperience on March 2024
After the sale of a company, bonuses are paid by the parent company to the employees of the participations that have been sold. The Dutch Supreme Court ruled in December 2023 (HR 22-12-2023, no 22/02219) that the bonuses are deductible for tax purposes. As such, the bonuses do not qua …
Expats lose out in court
By Taxperience on March 2024
In short: The benefit expats receive when coming to the Netherlands (the 30% ruling) has been limited to a maximum of 5 years since 2019. Prior to 2019, the duration was 8 years. The duration of the ruling has also been shortened for existing expats who were already benefiting from th …
Efficiently Gifting Real Estate to Children through a Family Trust
By Taxperience on March 2024
You may have heard about the possibility of managing your wealth through a family fund. A family fund can be highly appealing for affluent families. Here, we will delve into several possibilities of a common investment fund ('CIF'), also known as the family fund. Specifically, we will …